Tinkoff Capital Management Company has launched the Tinkoff Russian Technologies BPIF, which invests in shares of public technology companies in Russia. This is stated in the company's message.
The fund repeats the Tinkoff Russian Technology Total Return Index, which reflects the dynamics of shares of Russian companies in whose business smart technologies are integrated. This is a full yield index — it takes into account not only the price change of the securities included in it, but also dividend payments.
To date, the fund includes securities of such Russian IT giants as MTS, VK, Ozon, Astra, Positive Technologies, Diasoft, and a number of other companies. The list will be expanded, including due to the fact that the fund will directly participate in initial public offerings of companies in the technology sector.
Tinkoff Bank (formerly Himmashbank) was acquired by O.Tinkov in 2006. The Bank is one of the largest Russian banks. The main activity of the bank is consumer lending to individuals, mainly through credit cards, as well as providing a wide range of financial services based on its own online platform.
